The UAE, represented by the Ministry of Energy and Infrastructure (MoEI), participated in the second committee meeting of the Joint Arab Electricity Market and the second phase of the Knowledge Sharing Programme.
Sun shoots out biggest solar flare in almost 2 decades
The sun produced its biggest flare in nearly two decades Tuesday, just days after severe solar storms pummeled Earth and created dazzling northern lights in unaccustomed places, Associated Press (AP) reported.
TAQA Group reports AED2.1 billion net income for Q1 2024
Abu Dhabi National Energy Company (TAQA) reported its earnings for the period ending 31st March 2024. TAQA delivered a robust financial performance, bolstered by the recognition of contributions from Sustainable Water Solutions Holding Company (SWS Holding).
Saif bin Zayed inaugurates ‘Seamless Middle East 2024’
H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, on Tuesday inaugurated the conference and exhibition of digital economy technologies "Seamless Middle East 2024".
Tabreed reports AED468 million revenues in Q1 2024
Tabreed, the UAE's international district cooling company, today released its consolidated financial results for the first three months of 2024, recording revenue increase to AED468 million compared to AED464 million in Q1 2023.
Gold prices flat as US inflation data takes centre-stage
Gold prices traded flat on Wednesday as investors looked forward to a critical US inflation print that could offer clues on the Federal Reserve's interest rate-cut trajectory, Reuters said.
IFZA, Government of Maldives to develop services at ‘Funadhoo Island’
IFZA, Dubai's most dynamic free zone community, and the Ministry of Economic Development and Trade in the Maldives have signed a Memorandum of Understanding to develop a special economic and financial services zone at Funadhoo Island and the Maldives Economic Gateway at “Ihavandhippolhu Atoll.”
DoH, M42 launch region’s largest hybrid cord blood bank
The Department of Health – Abu Dhabi (DoH) and M42 have collaborated to launch the Abu Dhabi Biobank, with its first offering being the region's largest hybrid cord blood bank.
Kimberley Process Intersessional opens in Dubai to address global diamond trade challenges
The UN-mandated Kimberley Process (KP) Intersessional meeting opened in Dubai yesterday with resounding calls to accelerate consensus and decision-making to secure the industry's long-term security, efficiency, and operationalisation.
Etihad Airways transports 5.7 million passengers in 4 months
Etihad Airways has published its preliminary traffic statistics for April 2024. The airline carried more than 1.4 million guests and saw its passenger load factor average out at 84 percent across the month.